Huge11 perhaps you need to get yourself a broker involved in these sort of events? a broker with CPS Capital sent me the same info - cut n paste below:
Although not the lead broker CPS has the opportunity to participate in the raise.
The company is seeking to raise $3M by placing 16.7 million shares at 18c with a free unlisted option for every share purchased (1:1) exercisable at 20c and expiring 30/9/17.
I have to go firm by Friday 9am. If you are interested in taking up this offer please contact me as soon as possible.
The placement can only be offered to Institutional and Sophisticated Investors.
This is an incredibly discounted offer and I can’t explain why they’ve issuing another option series (so cheaply) having announced yesterday that they would roll over the soon to expire LOMO on a 1:2 basis at .001c.
LOM Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
